Alpha updates. 🪓 – Telegram
Alpha updates. 🪓
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Welcome to the Alpha Updates Telegram! 🌟

Here, you'll receive the latest scoop on upcoming IDOs, airdrops, altcoins, including lowcap gems, narrative-driven coins, meme coins etc

My twitter: https://twitter.com/axel_bitblaze69
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Alpha updates. 🪓
Grass had one of the cleanest, no-nonsense airdrops in 2024 and Season 2 might be dropping in early August. 🚨 About 52.2 million $GRASS tokens are about to be unlocked on 1st August. Season 1 also had 9 epochs and currently the 9th epoch of Season 2 is ongoing…
🚨 Grass Network Update

Grass Points are now split into two types 👇

• Uptime Points — earned for keeping your device online

• Network Points — earned when your bandwidth is actually used

Each day, 1,000,000 Network Points are distributed based on:
- Regional demand
- Connection stability
- Past network activity

Check out your updated Rewards Dashboard to see your real contribution to the Grass Network 👀
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Alpha updates. 🪓
ETH Open Interest has hit near All-time High at $65B, nearly 2x the January ‘Tariff war’ level of $30B. For those new to crypto, OI is simply the value of all open ETH futures position yet to be closed.
$100B in Open Interest wiped out within minutes.

From $250B down to $154B — we’re back to January 2025 levels. ETH OI also dropped to $45B.

Tariffs were just an excuse… this was ruthless leverage hunt all along.
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I’ve lived through 2018, 2020, 2022… but this one felt biggest crash ever..

- $1T+ wiped
- $20B liquidated in under an hour
- Exchanges went down
- some stables depegged, chaos everywhere

Here’s what really happened and what I think comes next:🧵👇

https://x.com/axel_bitblaze69/status/1976881572738744390
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After today’s manipulation and liquidation, guess Forbes’ $87B estimate might finally be accurate 💀
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Despite what most people think, Altcoins are a much safer investment now than they were 48 hours ago.
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Alpha updates. 🪓
$100B in Open Interest wiped out within minutes. From $250B down to $154B — we’re back to January 2025 levels. ETH OI also dropped to $45B. Tariffs were just an excuse… this was ruthless leverage hunt all along.
Hyperliquid CEO directly calls out Binance for the first time, accusing it of massively underreporting liquidation, show only 1 even when thousands happen in a second, meaning up to 100x underreporting.

As I mentioned earlier, real liquidation is much much bigger..
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These wicks weren’t meant to liquidate futures, they were meant to steal SPOT portfolios.

1- ATOM on Binance Spot: wick to 0.
2- On Binance Futures: wick to $1.46
3- ATOM on any other exchange: both spot & futures only wicked around 1.46

And this isn’t just ATOM

$DOT went to $0.6 on Binance Spot, but $0.9 on Futures.

$API3 dumped to $0.16 on Binance, while other exchanges stopped around $0.48.

$APT nuked to $0.7 on Binance, but stayed near $1.8 elsewhere. Many more coins as well...

Now here’s where it gets dark —

Binance offers a Margin feature, allowing users to borrow cash.

This same system took OI from $57B in the last bull run (at $3T MC) to $250B today with just a $4T MC.

Do you really think Binance has $100B lying around to lend out?

IMO this entire crash looks like a massive settlement play not just manipulation.

Defense is - despite high volume on Binance, altcoin order books are thin, few bids/asks. So big sellers easily push prices down, creating deep wicks. Other exchanges have better liquidity, so wicks are smaller.

Complete bullshit. This was intentional. The rest was handled by the liquidation cascade.
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By the looks of the market right now, it feels like the worst is behind us… but is it really?

I went through the, Charts, On chain data and Market signals... To figure out if this crash was a full reset or just a calm before another dump

A thread on what I found: 🧵👇

https://x.com/axel_bitblaze69/status/1977787303520039250
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U.S. government transferred 667.62 BTC to a new address, valued at $74.79 million

The receiving address has not yet transferred or sold, ownership is unknown.

That 11.10 Flash crash insider whale increased short position to near $500M.

All before the Powell speech today at 4:20 PM UTC

Remember financial crime is legal these days. Stay Cautious
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Powell says that QT will end in the coming months.

Bullish but don’t get too excited, manipulation ahead before the real move.
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So far CZ has announced $283M compensation, $45M airdrop & $400M support plan to aid Liquidation users.

Is cz Scared or trying to set a good example??
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Megaeth sale registration is live

🔗token.megaeth.com

- Signup, connect wallet, complete kyc and be ready
with USDT on Ethereum

Connect socials and additional 3 Wallets as If oversubscribed, these will help determine allocation.

Registration ends on 27 Oct
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Good Morning everyone ☀️

what are you all buying?
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